Relyea Zuckerberg Hanson LLC Cuts Holdings in ARK Innovation ETF (NYSEARCA:ARKK)

Relyea Zuckerberg Hanson LLC cut its holdings in ARK Innovation ETF (NYSEARCA:ARKK) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,112 shares of the company’s stock after selling 507 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in ARK Innovation ETF were worth $744,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Clear Harbor Asset Management LLC boosted its position in shares of ARK Innovation ETF by 2.3% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 12,338 shares of the company’s stock worth $586,000 after purchasing an additional 282 shares in the last quarter. Straight Path Wealth Management boosted its holdings in ARK Innovation ETF by 2.7% during the second quarter. Straight Path Wealth Management now owns 13,230 shares of the company’s stock worth $581,000 after buying an additional 350 shares in the last quarter. D.A. Davidson & CO. grew its position in ARK Innovation ETF by 3.1% during the third quarter. D.A. Davidson & CO. now owns 12,172 shares of the company’s stock worth $579,000 after buying an additional 361 shares during the period. Saxon Interests Inc. increased its holdings in ARK Innovation ETF by 6.9% in the third quarter. Saxon Interests Inc. now owns 6,520 shares of the company’s stock valued at $310,000 after buying an additional 419 shares in the last quarter. Finally, Legacy Private Trust Co. lifted its position in shares of ARK Innovation ETF by 1.4% during the 3rd quarter. Legacy Private Trust Co. now owns 33,125 shares of the company’s stock valued at $1,574,000 after acquiring an additional 449 shares during the period.

ARK Innovation ETF Stock Performance

Shares of ARKK traded up $1.13 on Friday, reaching $59.87. The stock had a trading volume of 867,759 shares, compared to its average volume of 8,601,719. The firm has a 50-day moving average of $58.29 and a 200 day moving average of $50.03. ARK Innovation ETF has a twelve month low of $36.85 and a twelve month high of $63.44.

ARK Innovation ETF Company Profile

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is managed by ARK.